2015 04 06 Drilling Rig

Commentary – A Case of Oil Rig Arrhythmia

Photo: Peter Tertzakian

Photo: Peter Tertzakian

Any worthwhile TV medical drama has a mandatory life-and-death scene. A patient lies on a hospital bed. His heartbeat beeps rhythmically while a green line traces a jagged pulse on a black, gridded screen. Suddenly, the patient’s heart gives out, the green line goes horizontal, the beep sustains and everyone in the room panics. Read more

2015 04 17 Oil Price

Commentary – Some Verses of Advice on Oil Price

© Makaule | Dreamstime.com - Oil Prices In The Market Photo

Source: www.Dreamstime.com © Makaule

I have never heard an oil executive recite poetry in a board meeting. But that’s not to say it hasn’t happened. Nor does it suggest that wise words can’t come from literature. Read more

2015 02 10 Seesaw Recovery

Commentary – The Seesaw Recovery

Source: www.Dreamstime.com © Yakobchuk

Source: www.Dreamstime.com © Yakobchuk

What will the oil price recovery look like? It’s a topic being hotly debated across the oil capitals of the world; from Dubai to Aberdeen, from Houston to Calgary; in the coffee shops and around family dinner tables, all the way to the boardrooms. Read more

2015 01 27 Oil Rig

Commentary – The Oilmageddon of 2015

The Oilmageddon of 2015

Photo: Peter Tertzakian

Canadian oil and gas industry associations have delivered their outlooks for the coming year. Their forecasts are pretty grim. Job losses in the thousands, private and public sector budget cuts, drilling rigs banging against each other trying to find a parking spot. Realistically, the publicly published numbers are optimistic. Read more